Candidates for IT Reconciliation Manager

Job Description

Treasury and Chief Investment Office (CIO) Reconciliations Associate Shift APC/EMEATitle Associate Products Supported Fixed Income, Money Market, FX & IR Derivatives ABOUT Treasury/Chief Investment Office. T/CIO Global Operations is part of the Treasury/Chief Investment Office (T/CIO) which is responsible for firm wide asset and liability management including:
• Aggregating and managing the firm s structural interest rate risk, primarily through a global investment portfolio.
• Managing the firm s funding and liabilities, including both long term debt and short term cash deployment.
• Aggregating, managing and reporting the firm s liquidity risk.
• Aggregating and managing the firm s structural foreign exchange.
• Managing the end to end risk weighted assets and capital process
ABOUT Execution Middle Office : The execution middle office provides transaction analysis, P&L and risk, and project support to the T/CIO desks which execute transactions and manage resulting positions. You will participate in the effort to ensure the business s dynamic environment is well supported and properly controlled. Due to the constant evolution of business and regulatory initiatives, your role will necessitate your involvement in daily processes as well as drive projects. You will work closely with Portfolio Managers to fully understand business drivers and support requirements, as well as colleagues within settlements, finance controls, product controls, market risk and technology. Key Responsibilities :
• Perform reconciliations across various platforms / systems such as risk management; sub-ledgers; Risk and P&L aggregators; market & credit risk infrastructure; industry utilities; etc.
• Ensure Reconciliations are performed and reviewed in a timely manner at an established frequency outlined in the respective Standard Operating Procedures (SOP).
• Perform completeness checks to ensure that the intended data population is included in the reconciliation. Any deliberate data exclusions are reviewed and approved periodically by the respective supervisors with adequate documentation.
• Follow-up with product controls, trade support and technology on breaks and ensure that adjustments, amendments and code fixes are actioned by the respective teams.
• Timely resolution and escalation of reconciliation breaks above investigation thresholds.
• Publish metrics to the relevant stakeholders and the Management for review.
• Participate in the identification or development of technology to support new business flows.
• Generate test cases and execute user acceptance testing to ensure new technology delivers and functions as expected.
• Work in close partnership with various stake holders i.e. market risk, finance, trade support, reference data, settlements, VCG, technology & PMO on BAU/adhoc management requests
• Develop written procedures covering all aspects of required business as usual tasks.
• Participate in cross-functional training to ensure adequate coverage.
Qualifications/Key Skill-Sets
• • Graduate Degree in Commerce, Finance, Accounting, or Banking.
  • 10 years or above working experience (3+ years as team manager) in Middle Office, Market Risk, Finance or Product Control
  • A good team player with professional attitude
  • Strong analytical skills to understand a diverse set of sophisticated cross-asset products and complex end-to-end workflow
  • Good communication skills, robust and credible partner with all stakeholders
  • Good product knowledge in Fixed Income, Treasury, FX and Interest Derivatives products
  • Thorough understanding of transaction cycle, infrastructure & associated operational and financial processes and controls
  • Strong interest in process improvement, automation, and system enhancement
  • Ability to deal with high level of adhoc requests and deliver under pressure
  • Advanced Excel skills required
  • MS PowerPoint proficiency a plus
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Keyskills :
user acceptance testingstandard operating procedurestest casescredit riskmarket riskfixed incomemoney marketnew businessmiddle officetrade supportreference data